Surge in Data Center Demand Leads to 66% Spike in Natural Gas Plant Costs

2026-04-27 · TechCrunch AI · Original

The skyrocketing demand for electricity from data centers has resulted in a staggering 66% increase in the costs associated with building natural gas power plants. Over the past two years, these costs have nearly doubled, contributing to longer construction timelines, which now average 23% more time than previously required. As the digital landscape expands and the need for data storage and processing grows, the energy sector is feeling the pressure. This trend highlights the critical intersection of technology and energy, prompting industry stakeholders to reassess their strategies for meeting the surging power needs of the modern data-driven economy.